NIMASA Contributes 22.9 Bln To Govt Purse In 2018

The Nigerian Maritime Administration and Safety Agency (NIMASA) contributed over 22.9 billion naira to the consolidated revenue fund in 2018.

Dakuku Peterside, Director General of the agency said the amount was the highest ever contribution coming from NIMASA since its inception.
Peterside, who disclosed this when he appeared before the Senate Committee on Marine and Transport in Abuja, said NIMASA proposed 112.1 billion naira budget for its operations in 2019 fiscal year.
“In the year under consideration, NIMASA expects that our total budgeted revenue will be 112.1 billion naira. That’s the total budgeted revenue for 2019.
“Out of this total budgeted revenue, on personnel emolument, we proposed to spend 20.1 billion naira.
“Overhead will account for 24 billion naira. For capital expenditure, which will be basically to fund ongoing maritime projects, it will cost 17. 6 billion naira.
“And for the maritime fund projects, it will cost 71.01 billion naira.
“Mr Chairman, distinguished senators, our contribution to the consolidated revenue fund has consistently been on the increase in the past few years.
“In 2018, we contributed a total of 22. 9 billion. This is the highest ever contribution coming from NIMASA from its inception till date.
“It will interest the distinguished senators to know that in the past three years, our contribution to the consolidated revenue fund has surpassed every known record before now,” he said.
He said the agency, in the year 2019, would be focusing on closing out all ongoing projects.
“We will also pay special attention to maritime safety as we prepare for the IMO elections,” he said.
The agency boss said NIMASA would continue to give priority attention to maritime security which has been a challenge for some time.
“We are prioritising our interventions under a programme called the Deep Blue Project which was conceptualised to provide an integrated national surveillance and waterway protection solution with a command and control infrastructure in the country which will see us purchasing a number of special mission aircraft, helicopters for intervention, armoured vehicles for intervention, etc,’’ he said.